Thursday, 3 October 2013

Think the budget impasse is bad? Wait until the debt-ceiling battle

foxnews.com - While the effects of the partial government suspension are starting to be felt, one thing's for sure: The budget stalemate woes would pale in comparison to the fallout from an impasse over the debt ceiling.The financial markets are already starting to get the jitters over the prospect of a debt-ceiling showdown. A similar stand-off in 2011, combined with the shaky state of America's finances, contributed to the first-ever U.

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